USD/CAD Forecast April 11, 2016, Technical Analysis
The USD/CAD pair fell during the course of the session on Friday, testing the 1.30 level for support. This is an area that shows quite a bit of support, and it extends all the way down to...
Category: Daily Forex Reports
EUR/USD Forecast April 11, 2016, Technical Analysis
The EUR/USD pair rose slightly during the course of the session on Friday, as we continue to see the market bounce around and go back and forth just below the 1.14 handle. If we can break above...
AUD/USD Forecast April 11, 2016, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Friday, but turn right back around to form a shooting star. The shooting star is very negative, but we are sitting above a...
USD/JPY Forecast April 8, 2016, Technical Analysis
The USD/JPY pair fell during the course of the session on Thursday, as we continue to see quite a bit of concern about global markets. Remember, the Japanese yen tends to be a bit of a safety...
USD/CAD Forecast April 8, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the day on Thursday, but found the 1.30 level to be supportive yet again as we bounced and formed a bit of a hammer type candle. Ultimately, the...
GBP/USD Forecast April 8, 2016, Technical Analysis
The GBP/USD pair went back and forth during the course of the day on Thursday, as we continue to see support above the 1.40 level. That being the case, it’s going to be a strong buy signal...
EUR/USD Forecast April 8, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the session on Thursday, showing that we continue to struggle at the 1.14 level. The market looks as if there is quite a bit of resistance...
AUD/USD Forecast April 8, 2016, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to crash into the 0.75 level below. We believe that there is a significant amount of support...
EURJPY Broken Trend Line Pullback (Apr 08, 2016)
EURJPY previously broke below a rising trend line support on the 4-hour time frame and might be due for a correction soon. Price is already nearing the previous lows at 122.00 and sellers might be waiting for...
USD/JPY Forecast April 7, 2016, Technical Analysis
The USD/JPY pair broke down during the course of the session on Wednesday, breaking below the 110 level. Because of this, if we can break down below the bottom of the range during the course of the...